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Indexes closed lower on Thursday, dragged by tech stocks after the latest inflation report came in warmer than expected. Nvidia shares lost more than 1%, while Adobe stock fell almost 14% on a ...
In the week ahead, all of those factors are expected to test the U.S. stock market. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., October 7, 2022. REUTERS ...
Stock indexes drifted to a mixed finish on Wall Street Thursday, as some heavyweight technology and communications sector stocks offset gains elsewhere in the market. The S&P 500 fell less than 0. ...
U.S. stocks sank Wednesday, extending a sharp year-end slide as investors hobbled toward the end of a gruesome 2022. The S&P 500 dropped 1.2% after losses picked up into the close, while the Dow ...
In corporate news, Microsoft said Wednesday that it is laying off 10,000 workers as part of an effort to cut costs.The layoffs impact roughly 4.5% of the company's 221,000 total employees ...
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The New York Stock Exchange reopened that day following a nearly four-and-a-half-month closure since July 30, 1914, and the Dow in fact rose 4.4% that day (from 71.42 to 74.56). However, the apparent decline was due to a later 1916 revision of the Dow Jones Industrial Average, which retroactively adjusted the values following the closure but ...
U.S. equities extended a rout Monday after stocks booked consecutive weekly losses for the first time since late September. The S&P 500 slid 0.9%, while the Dow Jones Industrial Average declined ...